Atlas Raises $6 Million in Seed Round

by Kay Aloha Villamor in November 15th, 2023

Atlas, a Vienna, Austria-based 3D generative AI platform, has emerged from stealth mode with $6 million in seed funding. 

SaaS Investors

The funding rounds include $4.5 million led by 6th Man Ventures and a $1.5 million round led by Collab+Currency, with participation from a16z Scouting Fund via Shrapnel, Contango, Gaingels, GFR Fund, New Renaissance Ventures, Square Enix, and Wagmi Ventures.

Additional participants in the funding rounds include Flamingo DAO, Founders Inc., Landvault, Monaverse, Neon DAO, and Slope Fund.

Founded in 2022, 6th Man Ventures is a venture capital firm based in New York, New York. The firm seeks to invest in companies operating in the crypto, tech infrastructure, media, entertainment, art, and games sectors.

Collab+Currency is a venture capital firm that prefers to invest in early-stage companies operating in the cryptocurrency, infra, DEFI, art & culture, gaming, extended reality, and DAOs sectors. Founded in 2018, and is based in Eugene, Oregon.

Atlas Use of Funds

The company plans to use the funds to expand its suite of developer solutions and build out a self-service 3D AI creator platform. The platform, currently available for enterprise and commercial use, aims to open alpha testing for a public platform in the coming months.

About Atlas

Founded in early 2021 by Ben James, Atlas is a 3D generative AI platform that partners with game developers and brands to create virtual worlds and experiences in a fraction of the time. The company's suite of AI products helps enterprise and next-gen creators generate custom, IP-specific assets for video games, virtual ecosystems, and XR experiences. Atlas is headquartered in Vienna, Austria, and deployed worldwide.

Funding Details

Company: Atlas

Raised: $6.0M

Round: Seed Round

Funding Month: November 2023

Lead Investors: 6th Man Ventures, Collab+Currency

Additional Investors: a16z Scouting Fund via Shrapnel, Contango, Gaingels, GFR Fund, New Renaissance Ventures, Square Enix, Wagmi Ventures, Flamingo DAO, Founders Inc., Landvault, Monaverse, Neon DAO and Slope Fund

åCompany Website: https://atlas.design/

Software Category: 3D Generative AI Platform

Source: https://www.prnewswire.com/news-releases/atlas-raises-6m-to-launch-3d-generative-ai-platform-accelerating-the-future-of-gaming-and-virtual-worldbuilding-301986918.html

 



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